Inuk Networks has completed a £9.5 million ($18.5m) second round of funding led by broadcaster S4C and venture capital firm Wesley Clover. The Inuk executive team will use this investment to further develop its Freewire triple-play platform in the UK, as well as expanding into Ireland and North America.

The investment by S4C has been made through its commercial subsidiary S4C Digital Media using commercial revenues only.

Iona Jones, S4C's Chief Executive and Chair of S4CDM, and David Sanders, a director of S4CDM, will both join the Inuk board of directors which is chaired by Simon Gibson OBE.